Singapore Shippingâs Fiscal H2 Attributable Profit Falls 37%; Shares Slump 4%

MT Newswires05-24

Singapore Shipping (SGX:S19) booked an attributable profit to the owners of $4.7 million in fiscal H2, down nearly 37% from $7.4 million in the year-ago period, according to a filing with the Singapore Exchange on Thursday.

Earnings per share came in at $0.012 compared with $0.018 in the year-ago period.

Revenue was down 6.4% year over year to $22.6 million from $24.2 million.

Shares of the company slid nearly 4% in recent trading.

Price (SGD): S$0.24, Change: S$-0.01, Percent Change: -4.08%

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Singapore Shippingâs Fiscal H2 Attributable Profit Falls 37%; Shares Slump 4%

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Singapore Shippingâs Fiscal H2 Attributable Profit Falls 37%; Shares Slump 4%